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AvalancheFlash Loan Attackconfirmed
Platypus Finance
2023-02-16
Amount Lost
$8.5M
Exploit Type
Flash Loan Attack
Status
confirmed
Incident Details
Platypus Finance on Avalanche was exploited for $8.5M via a flash loan attack. The attacker manipulated the protocol's solvency check mechanism to drain USP stablecoin collateral.
Alert Provenance
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